Chevron Corp (CVX) Reports Profit of $201 million in third quarter 2020

Chevron Corp (CVX) Reports Profit of $201 million in third quarter 2020

Chevron Corp (CVX) on October 30,2020 reported earnings of $201 million or $0.11 per share in third quarter 2020 compared to profit of $2.9 billion or $1.55 per share in third quarter 2019. The Wall Street analysts proved to be wrong after the positive results shown by Chevron as oil prices recovered from spring lows and spending cuts benefited operating results. The U.S. oil producer and its partners have reduced financial plan this year due…

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